Business Report : NCC Bank organized a daylong training on “CMSME, Sustainable Finance & Digital Financial Services (DFS)” recently at...
Business Report : To enhance banking knowledge & efficiency, Shariah-based Standard Bank organized a two-day training on investment for the officials of head office & branches of the bank. Md Habibur Rahman, managing director & CEO of the bank, inaugurated the training as chief guest at the bank’s Learning Center on Wednesday. Masud Hasan, VP & head of HRD, and Syed Monsoon Ali, vice president & in charge, Standard Bank Learning Center were also present at the inauguration ceremony. The...
Business Report : The garment factories in Savar, Ashulia, and Gazipur returned to full operations on Wednesday after workers and manufacturers agreed on 18 key demands addressing labour concerns. Sources said that while ten factories in Ashulia and Savar had closed by Wednesday afternoon, and four in Gazipur, most factories were operating as normal. In fact, 98% of the 407 factories in Savar and Ashulia were still running, and in Gazipur, 99.54% of the 876 factories were functioning. Nationally, 99%...
Business Report : Industries Adviser Adilur Rahman Khan on Wednesday called for enhancing trade and investment between Bangladesh and South Korea, describing the country as one of the important development partners of his country. “Bangladesh and South Korea signed a bilateral-trade agreement on June 21 in 1999. So, the trade and investment between the countries are now protected,” he said as South Korean Ambassador to Bangladesh Park Young Sik paid a courtesy call on the adviser at his ministry’s office...
Business Report : Japanese automobile brand Mitsubishi has launched its latest sport utility vehicle (SUV), the Mitsubishi Outlander Sport, for...
Business Report : Industries Adviser Adilur Rahman Khan on Tuesday sought Canadian support in the areas of technology transfer and investment to develop the country’s economy.“Bangladesh has a big domestic market and investment and industry-friendly policy, plan and environment. As a result, domestic and foreign investment in Bangladesh is increasing gradually,” he said.The adviser made the remarks in a meeting with Canadian Charge d’Affaires in Dhaka Debra Boyce at the Ministry of Industries in the city, said a press release.During...
AFP, The Hague : AkzoNobel, the world’s leading paintmaker and manufacturer of Dulux paint, said Tuesday it was cutting 2,000 jobs globally, more than five percent of its workforce, as it strives to cut costs.Chief Executive Greg Poux-Guillaume said the job losses would allow the Dutch company to “become more agile in volatile markets and offset headwinds such as rising labour cost.”The announcement drove AkzoNobel stock higher at the opening of the Amsterdam exchange, rising 1.5 percent and beating the...
Business Report : Trust and Pay (TAP), one of Bangladesh’s leading Mobile Financial Services (MFS) providers, operated under the Army...
AFP, Beijing : China’s central bank on Tuesday unveiled a raft of measures to boost the country’s struggling economy, cutting the amount of cash banks must hold in reserve and lowering a key interest rate.China’s economy, the world’s second-largest, has yet to achieve a highly anticipated post-pandemic recovery as it is battered by a prolonged property sector debt crisis, continued deflationary pressure and high unemployment.The country’s leadership has set a goal of five percent growth in 2024, an objective analysts...
Business Report : The Institute of Chartered Secretaries of Bangladesh (ICSB) opened its Chattogram Branch and organised an orientation programme for the 1st Batch of Chartered Secretary (CS) Course in Chattogram on Saturday, says a press release.Md Delowar Hossain, Chairman of Chattogram Regional Chapter Sub-Committee of ICSB, moderated the programme.He praised the Council for its vigorous initiative in establishing long-cherished Chattogram Branch and also thanked Members of Chattogram Regional Chapter Sub-Committee for their relentless effort.In the opening remarks, Md Zakir...